If any false or fraudulent claims are made by the policy owner (or if an insurance company no longer agrees to cover a condition previously agreed upon), a smart contract will immediately dissolve and the premium payments will transfer back to the individual. The process creates a sense of mutual trust between the two parties for two reasons: all data is transparently displayed, and the slightest contractual deviation results in restitution to the harmed party., When integrated with blockchain-based travel insurance DApps, these features are further strengthened, offering users improved travel experiences and insurance services., With blockchain technology, insurance companies can create smart contracts to track insurance claims, automate outdated paperwork processes and safeguard sensitive information..